Mykhailo Nepran, the first vice-president of the Chamber of Commerce and Industry of Ukraine, a member of the Ukrainian Business Council, admitted possible price fluctuations due to market conditions while dismissing any reasons for price panic. The pundit made the comment speaking of the government reducing the list of “socially significant products” for which the…
South Korea will provide 520 billion won ($394 million) in financial assistance to Ukraine in 2024. The aid package includes 130 billion won for reconstruction, 260 billion in humanitarian aid and another 130 billion won through international organisations, according to South Korea’s 2024 budget. In July, President Yoon Suk Yeol announced his country would provide…
One of the biggest low-cost companies of Europe, Air Baltic, will launch the Chisinau-Riga flight starting from 2024, Deputy Prime Minister, Economic Development and Digitalization Minister Dumitru Alaiba has announced. The official said the tickets for the Chisinau-Riga flight would be available as early as this week. “Air Baltic launches the Chisinau-Riga starting from 2024.…
The decision by the Baltic States to de-synchronise from Russian-controlled “BRELL” group is a very correct step, but too little attention is provided to how this will influence the prices of electricity in Latvia and Baltic region, says AJ Power manager Roberts Samtins. Currently Baltic States are committed to disconnecting from BRELL until the year…
Slovenia could join the project for the new reactors of the “Kozloduy” Nuclear Power Plant either as a buyer of energy or as an investor. This is what Bulgarian Prime Minister Nikolai Denkov offered his Slovenian colleague Robert Golob at a bilateral meeting within the framework of the 18th Strategic Forum in the Slovenian city…
This year’s heating season will not be easy due to a possible renewal of Russian attacks on Ukraine’s civilian energy infrastructure. However, Ukraine is preparing for all possible scenarios, Naftogaz CEO Oleksiy Chernyshov has said. “We are sure the enemy will seek to deprive Ukrainians of access to essential services including public utilities such as…
Centernergo PJSC intends to import coal for the autumn-winter period of 2023-2024, CEO Andriy Churkin has said. “We will not be able to get through this winter solely on our own coal. And in the near future, Centernergo plans to conclude contracts with foreign companies. Some work has already been done, and I think that…